Give Yourself Some Credit And Learn About Credit
It's been said that a little information can be dangerous. I won't argue that, especially when it's incorrect information that SEEMS true. The link below is to a great article posted on Experian's website. They're one of the largest credit reporting agencies, so I think they know what they're talking about when they're debunking myths and giving advice. In the mortgage world, we find, more often than not, people who have delayed the purchase of their first home or their entry back into the world of homeownership after a bankruptcy or other financial reversal of fortune SIMPLY BECAUSE they had bad information - and it's always a very small piece of information.
Give this a read and give us a call!